
Cheap Homes for Rent in Walter Chandler Neighborhood of Memphis, TN from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Walter Chandler area of Memphis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3677 Hillbrook Rd
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3166 Winslow Rd
Walter Chandler, Memphis, TN Local Guide

How much does it cost to rent a home in Walter Chandler?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walter Chandler 2 Bedroom Homes for Rent | $863 | $700 | $995 |
| Walter Chandler 3 Bedroom Homes for Rent | $1,138 | $895 | $1,535 |
| Walter Chandler 4 Bedroom Homes for Rent | $1,316 | $945 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Walter Chandler Neighborhood of Memphis, TN.
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Walter Chandler, Memphis, TN Local Guide
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Best Value Apartments for Rent in Walter Chandler, TN
As of June 08, 2026 the best value apartment in the Walter Chandler area is the $0.94 price per square foot One Model at Weaver Fields Apartments in the in the South Memphis neighborhood starting from $725. The second greatest value Walter Chandler apartment is the 1x1Wesley Forest Model at Wesley Forest starting at $700 with a $1.06 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Walter Chandler apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Weaver Fields Apartments | One | 1BR,1BA | $0.94 |
| Wesley Forest | 1x1Wesley Forest | 1BR,1BA | $1.06 |
College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly Lifestyle
Ranked #
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
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Frequently Asked Questions about Walter Chandler
What type of rentals are currently available in Walter Chandler?
There are currently 17 Apartments for Rent in Walter Chandler, TN with pricing that ranges from $700 to $1,395. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walter Chandler ranging from $700 to $1,800.
What is the current price range for Rental Homes in Walter Chandler?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walter Chandler ranges from $700 to $1,800 with an average monthly rent of $1,105.
How much are larger Three and Four Bedroom Rentals in Walter Chandler?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Walter Chandler range from $895 to $1,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $1,535. Four Bedroom Single-Family rentals are also available starting from $945 and Four Bedroom Apartments start at $1,395.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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